Starbucks (SBUX) will try to revive its flagging fortunes with an assault on Web 2.0. Sales at the coffee chain have been falling, to some extent because it charges $5 a cup…
Douglas A. McIntyre Reuters:Ā Ā Twitter will release business tools in an attempt to make money. Reuters:Ā Ā A GM (GM) bankruptcy is seen as nearly inevitable. Reuters:Ā Ā American Express (AXP) will cut 4,000 jobs. Reuters:Ā Ā Obama…
According to Reuters, if the big transportation bill does not pass states will miss out on funds for roads, bridges, and tunnels. Reuters reports that Buffett attacked bank āstress tests.ā Reuters writes…
Consumer spending by Americaās large middle class is an important indicator of economic recovery.Ā GDP numbers from last quarter and opinions from the Federal Open Market Committee may not be as accurate…
Douglas A. McIntyre According to Reuters, Bank of America (BAC) shareholders voted to separate the chairman and CEO roles and Ken Lewis was replaced as chairman. Reuters reports that talks to keep Chrysler out of…
Revenue for the last quarter fell at Starbucks (SBUX) by 8% to $2.33 billion. Net earnings fell 77% to $25 million andĀ earnings per share wereĀ down by the same percentage to $.03. The…
Douglas A. McIntyre Shares of Starbucks Corp. (NASDAQ: SBUX) are getting hit by an analyst downgrade this morning.Ā If it sounds like a repeat call mistaken for yesterdayās downgrade, it isnāt.Ā Not really.Ā This morning…
Douglas A. McIntyre We still have well over two-hours until the opening bell this Thursday morning.Ā So far we have seen many select upgrades and downgrades from Wall Street analysts.Ā Here is what we have…
Starbucks Corp. (NASDAQ: SBUX) has performed rather well in the most recent 5-week stock market rally.Ā After all, shares hit a low of $7.06 last November and challenged the $8.00 mark just…
These are the top 10 analyst calls we have seen early this Wednesday morning from Wall Street: Chipotle Mexican Grill (CMG) Raised to Outperform at William Blair. Frontier Oil (FTO) Cut to…
An organization called Ethisphere has put out a list called ā2009 Worldās Most Ethical Companiesā There is nothing wrong with the list, but the basis on which it was put together is…
The recession is claiming another American habit. People are not going out to drink coffee. They are making it at home, probably to save money. The National Coffee Association, which tracks these…
By Dan Mitchell of TheBigMoney Most years, Howard Schultz, chairman and CEO of Starbucks, uses the annual shareholders meeting to introduce a major new product or a cool new piece of coffee-making…
Douglas A. McIntyre According to Reuters, the Fedās plans to buy Treasuries is like a program called āOperation Twistā which was part of the agencies effort to help the economy almost fifty years ago. Reuters…
According to Reuters, AIG (AIG) will have to pay taxpayers back for bonuses it paid out before it can get its next $30 billion in loans. Reuters reports that Coke (KO) is…
